EY Tops Uganda’s Banking Sector as Most Preferred Auditor in 2024 In 2024, Ernst & Young (EY) outpaced its competitors to become the top external auditor in Uganda’s banking sector, securing more commercial and Tier II bank clients than any other firm in a year of shifting audit alliances.

Ernst & Young (EY) in 2024 audited more banks than its peers, cementing its position as the leading external auditor in Uganda’s banking industry. With assignments from 11 commercial banks and one Tier II institution, EY now holds the single largest share of audit clients across the country’s licensed financial institutions — a lead that reflects not only growth in numbers but also deepening confidence in its services. This milestone crowns a three-year rise for EY, which steadily expanded its presence from nine commercial banks in 2022, to ten in 2023, and now 12 financial institutions in 2024. Its 2024…